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inning spending, consequential reforms that will rein in government overreach. there are no new taxes, no new government programs. ♪ jason: here is what we mow is in the deal: it suspends the debt ceiling until after 2024 election, no increase in non-defense spending for the next fiscal year, and it caps it at 1% the following fiscal year. it also increases defense spending and money for veterans. we're also learning it claws back some unspent covid-19 pandemic funds and cuts nearly $2 the billion in money used to hire new irs agents. it also reportedly expands work requirements fo...

president joe biden. coming up, the chairman of the house foreign affairs committee, michael mccaul, is here just back from taiwan on what he learned about taiwan's readiness should china invade and why he is now sanctioned by communist china. then, what does china have on joe biden any any? a new whistleblower emerges on biden family and what the oversight committee says is influence peddling in plain sight. aggressive commentary from a former white house stenographer. >> joe biden is lying. joe biden is a criminal. that's the bottom line. i don't care if he goes to timbuktu or iowa...

president joe biden. coming up, the chairman of the house foreign affairs committee, michael mccaul, is here just back from taiwan on what he learned about taiwan's readiness should china invade and why he is now sanctioned by communist china. then, what does china have on joe biden any any? a new whistleblower emerges on biden family and what the oversight committee says is influence peddling in plain sight. aggressive commentary from a former white house stenographer. >> joe biden is lying. joe biden is a criminal. that's the bottom line. i don't care if he goes to timbuktu or iowa...

unprecedented step -- possibly, at least leaving the door open -- prosecuting trump saying no one is above the law. the federal reserve is meeting today. experts predict it could raise -- make its second significant rate hike in just six weeks. first, let's get more on the reports that the doj is asking questions about trump's actions around the january 6th insurrection. what more are we learning? >> reporter: good morning. what we're learning is from "the washington post" reporting that they've asked a number of questions about trump's role. the department of justice and witnesses...

Smoke rising above Northern Gaza after more israeli airstrikes, israel vowing to escalate attacks ahe of a highly anticipate awe ahead of a highly anticipated Ground Offensive. Meanwhile, Prime Minister netanyahu issues a harsh warning to iranbacked terror group hezbollah. Welcome to fox news live, im gillian turn turner. Mike and im mike emmanuel. Tony blinken declaring this morning that the United States is ready if iran gets involved. These are live pictures of the night sky over gaza. We have Fox Team Coverage with greg palkot and trey yingst in Southern Israel. First if, lets go to trey w...